Overview of Industrial Loan in Alwar, Rajasthan
Industrial loans in Alwar, Rajasthan, provide financing for setting up or expanding industrial units, purchasing machinery, or funding working capital. In 2025, these loans offer interest rates starting at 8% p.a., with loan amounts up to ₹5 crore based on project viability and business turnover. Lenders like SIDBI, SBI, and ICICI Bank offer tenures up to 10 years. Loanpao helps Alwar entrepreneurs compare industrial loan offers, check eligibility, and apply online for quick disbursal.
Eligibility Criteria for Industrial Loan in Alwar
| Criteria | Details |
|---|---|
| Business Age | Minimum 2 years |
| Turnover | Minimum ₹50 lakh p.a. |
| Business Type | Manufacturing, processing, or industrial units in Alwar |
| Residence | Valid Alwar address proof for business |
| Credit Score | Preferably above 700 |
Documents Required for Industrial Loan in Alwar
- Identity Proof: Aadhaar, PAN Card of business owner.
- Address Proof: Utility bill or rental agreement (Alwar business address).
- Business Proof: GST registration, Udyam certificate, or shop license.
- Financials: ITR, balance sheet, and profit & loss statement (last 2 years).
- Bank Statement: Last 12 months’ business account statements.
- Project Report: Detailed plan for loan utilization.
Benefits of Industrial Loan in Alwar
- Loan amounts up to ₹5 crore for industrial projects in Alwar.
- Competitive interest rates starting at 8% p.a. in 2025.
- Flexible tenures up to 10 years for manageable EMIs.
- Quick disbursal within 7–15 days in Alwar.
- Support for machinery purchase and working capital.
Factors Affecting Industrial Loan in Alwar
Business Turnover
Higher turnover qualifies for larger loan amounts.
Interest Rate
Rates range from 8% to 14% p.a., based on credit score and project viability.
Collateral
Secured loans require assets like property or machinery in Alwar.
Credit Score
Scores above 700 ensure better rates and faster approval.
How to Apply for an Industrial Loan in Alwar
Follow these steps to apply for an industrial loan in Alwar through Loanpao:
- Visit loanpao.in and select "Industrial Loan in Alwar, Rajasthan."
- Fill out the online application form with business and project details.
- Upload required documents (Aadhaar, financials, project report).
- Compare offers from Alwar lenders like SIDBI and SBI.
- Get approval and funds disbursed within 7–15 days in Alwar.
Loan Eligibility for Industrial Loan in Alwar
Check your eligibility for an industrial loan in Alwar with Loanpao’s tool:
- Confirm business age (minimum 2 years).
- Verify turnover (₹50 lakh p.a.).
- Provide Alwar business address proof.
- Check credit score (preferably above 700).
- Submit project report and financials.
Loanpao will assess your eligibility and suggest the best industrial loan offers in Alwar.
Check Eligibility NowTrack Your Industrial Loan Application in Alwar
Loanpao provides a seamless tracker for your industrial loan application:
- Submit your application ID on the Loanpao Tracker page.
- Get real-time updates on status (e.g., under review, approved, disbursed).
- Receive notifications for disbursal updates in Alwar.
- Contact Loanpao support for assistance with delays in Alwar.
Industrial Loan Comparison in Alwar
Compare industrial loan offers from top lenders in Alwar:
| Lender | Interest Rate | Loan Amount | Tenure | Processing Fee |
|---|---|---|---|---|
| SIDBI | 8.0% p.a. | Up to ₹5 crore | Up to 10 years | 0.5% of loan amount |
| SBI | 8.5% p.a. | Up to ₹3 crore | Up to 8 years | 0.75% of loan amount |
| ICICI Bank | 9.0% p.a. | Up to ₹2 crore | Up to 7 years | 1% of loan amount |
Frequently Asked Questions
Setting up units, purchasing machinery, or funding working capital.
Industrial loans in Alwar are disbursed within 7–15 days after approval.
Up to ₹5 crore, based on project viability and turnover.
Yes, secured loans require assets like property or machinery.
Startups with strong project reports may qualify with higher rates.